There’s a good chance your business needs more than just a checking account and a savings account. You might also need things like merchant services, a credit card, or a business loan (all of which we cover in the next section).
If that describes you, and you work in certain industries, then Citibank has some packages just for you. These packages give you discounts on various Citibank products.
For example, the CitiBusiness Solutions for HealthCare Professionals account package waives the monthly maintenance fee on a checking account, gives you a discount on merchant services, gets you better APY on a money market account, reduces the fees on a term loan—and more.
The CitiBusiness Solutions for Legal Professionals account package, on the other hand, gives you unlimited sub-accounts for your IOLTA or IOLA account, unlimited free wires on your IOLTA or IOLA, and a free check scanner (among other things).
If you don’t qualify for one of Citibank’s industry-specific packages, you can still get CitiBusiness Preferred Banking. Like other solutions, it gives you better rates and discounts on certain products and services, making it a good choice if your business uses Citibank for many things.
So if your business plans require more than just a business bank account, an account package might be worthwhile. Sure, you’re still banking with Citibank, and we don’t recommend that—but at least you’re getting a good deal while doing so.